Trending
Co-Oklahoma City Thunder Owner Aubrey McClendon Dies in Car Crash Day After Indictment
Published
6 years agoon

Oklahoma City Thunder part-owner Aubrey McClendon died a single-car crash on Wednesday, the day after he was indicted by the U.S.
Department of Justice on charges of conspiring to rig bids for oil and natural gas leases.
He was 56 year old.
Most recently, McClendon was chairman and CEO of American Energy Partners and before that, he was the CEO of Chesapeake Energy Corp.
McClendon was killed when his car hit an embankment wall of an overpass in Oklahoma City. Capt. Paco Balderrama of the Oklahoma City Police Department told reporters Wednesday that McClendon “pretty much drove straight into the wall.”
Balderrama said that police will continue to investigate to determine the cause of death because drivers in accidents like this sometimes have medical episodes that lead to the wreck.
“There was a plenty of opportunity for him to correct or get back on the roadway and that didn’t occur,” Balderrama said.
McClendon was part of the group led by Clayton Bennett that bought the Seattle SuperSonics and relocated the franchise to Oklahoma City. According to Reuters, McClendon owned 19% of the team.
In 2007, the NBA fined McClendon $250,000 after he said “We didn’t buy the team to keep it in Seattle. We hoped to come here.”
The indictment accused McClendon and co-conspirators of suppressing and eliminating competition of bids. Two companies agreed not to bid against each other but the winner gave an interest in the leases to the losing bidder, according to the indictment.
McClendon denied the accusations.
“The charge that has been filed against me today is wrong and unprecedented,” McClendon said in a statement. “I have been singled out as the only person in the oil and gas industry in over 110 years since the Sherman Act became law to have been accused of this crime in relation to joint bidding on leasehold.
“Anyone who knows me, my business record and the industry in which I have worked for 35 years, knows that I could not be guilty of violating any antitrust laws. All my life I have worked to create jobs in Oklahoma, grow its economy, and to provide abundant and affordable energy to all Americans. I am proud of my track record in this industry, and I will fight to prove my innocence and to clear my name.”
The indictment does not name any companies, but it says defendants were engaged in this activity from 2007-2012. McCLendon was CEO of Chesapeake at that time.
“Chesapeake is deeply saddened by the news that we have heard today and our thoughts and prayers are with the McClendon family during this difficult time.” Chesapeake said in a statement.
Chesapeake is a partner with the Thunder, paying $4 million annually for naming rights to the team’s home arena.
Entrepreneur, contributor, writer, and editor of Sostre News. With a powerful new bi-lingual speaking generation by his side, Sostre News is becoming the preferred site for the latest in Politics, Entertainment, Sports, Culture, Tech, Breaking and World News.

You may like
Renters in Los Angeles and San Francisco are Paying $1200 a Month for a Bunk Bed in a Shared Space
Caretaker Ties a Wheelchair-Bound Pensioner to a Tree by The Neck
Comforting Shelter Dogs During Fireworks Is The New Independence Day Tradition
Woman, 19, Dies After 360-Degree Swinging Carnival Ride Breaks Apart Midair
A Pikachu Mascot Made a Scene After Deflating Twice During Dance Parade
Shower Death in Florida Prison Ruled as ‘Accidental’
Trending
Renters in Los Angeles and San Francisco are Paying $1200 a Month for a Bunk Bed in a Shared Space
Published
3 years agoon
July 5, 2019
Would you pay $1200 a month for a bunk bed in a shared space? Renters in Los Angeles and San Francisco are opting for pods in communal home with a desk, locker and personal TV
With the cost of rent continuing to rise, some Americans are taking unusual measures to find a place to sleep.
In Los Angeles and San Francisco, where prices are particularly exorbitant, people have taken to renting bunk beds in communal homes.
PodShare, which provides 10 to 15 co-ed bunkbeds in six locations across California, is hoping to help solve the affordable housing crisis.
The beds can be rented from $35 to $50 a night, which amounts to between $1,050 and $1500 for one month.


It’s no secret that housing prices have rapidly spiked over the last decade and incomes have not kept up
One 2018 study published found that only about one-third of millennials currently own homes.
This is fewer than the number of Generation Xers and baby boomers who owned homes when they were the same age.
And a study conducted by Harvard University this year found that one-in-three Americans can’t afford to pay rent.
It’s unsurprising considering that, in cities such as San Francisco, the average rent for an apartment is about $3,900.
But for $1,200, if you rent with PodShare everyone gets a bed that turns into a desk, individual power outlets, a locker, a shelf and a personal TV.
Each location also provides a communal living room, food such as cereal, toiletries such as toilet paper, laundry machines and WiFi access, reported CNN.
Tenants are known as ‘pod-estrians’.


Although the set-up may seem like an adult dormitory or a hostel, the company uses the term ‘co-living’.
‘PodShare makes life more affordable because there is no security deposit or cost of furnishings and we provide flexible living,’ co-founder Elvina Beck told Vice in 2016.
‘Pod life is the future for singles which are not looking to settle down, but focus on their startups and experience something new.’
There are no curtains to close off the beds, and the only doors are to the bathroom, reported Time Out Los Angeles.
Although there’s no privacy, pod-residents are willing to exchange that for affordability or a reduced travel time to work.
Beck, 34, told CNN that she founded the company in 2012 because she wanted to meet new people and provide housing security to others.
‘Maybe they don’t have two months’ rent to put down or they don’t have proof of income,’ she said.
‘Whether it’s from a divorce or their family kicked them out for being gay or because they’re in a different country or a different city.’


She told CNN that, when she began PodShare, most residents were between ages 24 and 30. Today, however, most ‘tenants’ are in their late 20s or early 30s.
Additionally, many of the early residents were young adults who had just moved to a new city. But many new residents are older adults and even those traveling on business.
However, there some rules that people are required to follow. Lights have to be off by 10pm, no guests are allowed and tenants can’t have sex.
‘You can’t invite any friends over,’ Beck told CNN. ‘Sorry. Just make new ones here.’
Trending
Caretaker Ties a Wheelchair-Bound Pensioner to a Tree by The Neck
Published
3 years agoon
July 5, 2019
Shocking footage of a wheelchair-bound pensioner being tied to a tree by the neck by a caretaker has sparked controversy in China.
The caretaker claimed to have no other way but to bind her frail client with a rope because she had to rush back home to deal with family emergency.
Furious onlookers demanded the caretaker free the pensioner immediately. The domestic worker defended her act by calling the incident ‘no big deal’.
The video was reportedly shot in Beijing recently, according to local news outlet Btime.com.
Related: Killer Snatched Girl, 11, Suffocated Her Then Dumped Corpse in Sewer
The pensioner appeared extremely distressed throughout the video and could not speak clearly.
One angry male passer-by accused the caretaker: ‘How would you feel if your daughter treated you like this?’
He criticised the caretaker and said she should bring the pensioner with her.
The caretaker replied: ‘[If I had] pushed her back, she would tell [on me].’
Another female bystander pointed out that the pensioner neck had turned red because of the rough treatment.
After being lambasted by eyewitnesses, the caretaker untied the pensioner and pushed her away.
Authority said the clip had been uploaded onto the social media by residents in a neighbourhood called Nanyuan on the outskirts of southern Beijing.
But they had not been able to identify the exact location of the incident or track down the individuals involved.
Police have been alerted of the video and launched an investigation, according to Beijing Evening News.
Trending
Comforting Shelter Dogs During Fireworks Is The New Independence Day Tradition
Published
3 years agoon
July 4, 2019
“Calming the Canines,” at Maricopa County Animal Care and Control (MCACC), is a new Independence Day tradition.
Last year, over 300 people from the community showed up at the shelter’s two locations around Phoenix, Arizona.
It was overwhelming to see how the community responded. It really helped spread our message that MCACC is here to help.
Amy Engel, who attended Calming the Canines last year said that she definitely plans on attending this year, too.
Engel wrote about her experience last year
Some people sang to them, some people read to them, some people just sat there and gave treats! It was so, so awesome because the dogs absolutely love the attention and were focused on the people and not the fireworks going on outside.
MCACC wrote:
Many participants developed lasting relationships with the shelter, returning to provide foster care, adopt a pet or volunteer.
The shelter suggests people to bring blankets to sit on, or folding chairs, and to let the dog or cat approach them to sit calmly and quietly.
Trending
- USA7 years ago
Search for Gunman Puts Community College of Philadelphia on Lockdown
- ENTERTAINMENT6 years ago
Usher’s Naked Selfie Exposes Too Much Despite Attempt to Censor Image
- USA7 years ago
Hacktivist Group Anonymous Publishes Names of Alleged Ku Klux Klan Members
- Breaking News6 years ago
Developments in Presidential Race, Trump does Terribly at Forum as Clinton shines
- Trending6 years ago
British Woman Shares Image of Herself Before and After Panic Attack
- News3 years ago
‘Only Survivor’ Reveals Truth of Fatal Accident in 1994 Linked to Ricardo Rossello
- MUSIC7 years ago
VIDEO That Time when Lenny Kravitz’s Penis Popped Out on Stage
- ENTERTAINMENT5 years ago
Marxism in Black Mirror, Social Media Reigns